Seaview Capital Secures $34.5M Refinance Loan For Northridge Multifamily Property | 9810 Zelzah Ave | Max Mraz, Brooke Hinkel, Marc Schillinger | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

154,838 sqft

The property involved in this transaction is a multifamily asset located at 9810 Zelzah Ave in Northridge, CA. It consists of 150 units with a total square footage of 154,838. The property is owned by Seaview Capital, a notable landlord in the area.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $34,500,000.00
Loan Type: Refinance
Loan Terms: 10 year fixed rate, 5 years IO, 3.85%

The loan amount for this transaction is $34,500,000.00. It is a refinance loan with a term of 10 years, featuring a fixed interest rate. The first 5 years of the loan will be interest-only. The interest rate for the loan is 3.85%.

JLL's brokers Marc Schillinger, Max Mraz, and Brooke Hinkel represented the parties involved in this deal. They assisted in securing the loan and facilitating the refinancing process for Seaview Capital.

Players

All
4

Agents
3
Agencies
1

$138.6M Sold

$85M Sold

$410.7M Sold

Details

Deal Summary

FINANCED

IMAGE: Marc Schillinger, Max Mraz & Brooke Hinkel DATE: 09/29/2022 ADDRESS: 9810 Zelzah Ave MARKET: Northridge, CA ASSET TYPE: Multifamily ~ UNITS: 150 ~ SF: 154,838 LANDLORD: Seaview Capital BROKERS: Marc Schillinger, Max Mraz & Brooke Hinkel - JLL LOAN AMOUNT: $34,500,000.00.00 LOAN TYPE: Refinance LOAN TERMS: 10 year fixed rate, 5 years IO, 3.85%

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Address9810 Zelzah Ave

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